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Chapter 35

Vocab

TermDefinition
Brand the unique identity, reputation, and emotional connection a company, product, or individual holds in the minds of consumers
Brand name a unique, pronounceable name—often a proper noun—applied by a manufacturer or organization to a specific product or service to differentiate it from competitors
Brand mark a graphic symbol or icon that represents a company without any accompanying text
Trade name the public-facing name a business uses to identify itself, rather than its legal, registered name
Trade character a person, animal, or animated object used in advertising to represent a brand
Trademark any word, phrase, symbol, design, or combination thereof that identifies and distinguishes the source of goods (or services) of one party from those of others
National brand a product distributed across an entire country under a brand name owned by the manufacturer or producer
Private brand a product manufactured by a third-party company but packaged and sold under a specific retailer's own brand name
Generic products consumer goods, often staple items or pharmaceuticals, sold without a widely recognized brand name or logo, typically featuring plain packaging and lower prices than branded counterparts
Brand extensions a marketing strategy where a company uses an established brand name to launch a new product in a different category
Brand licensing the process of renting or leasing intangible intellectual property—such as a logo, character, name, or slogan—to another company for commercial use
Co-branding strategy a strategic marketing alliance where two or more established brands combine their identities, resources, and expertise to create a new, joint product or service
Mixed-brand strategy a marketing approach where a company uses a combination of its primary corporate brand and separate, distinct sub-brands to market products to different audience segments
Package a wrapped, boxed, or contained bundle of items prepared for transport, storage, or sale
Label an identifying or descriptive marker—such as a piece of paper, plastic, or cloth—attached to an object
Created by: Cfote27
 

 



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